Unlike Greece's mulish desire to stay in the European Union (EU), Britain has, over the years, expressed utmost desire to leave the EU. The former would probably have a GREXIT (Greece Exit) if not for the last bailout by the EU. Whereas for Britain, the withdrawal from the EU was decided by tens of millions of British voters in this divisive referendum that will shape the ties between Britain and EU - To remain in the EU or to leave the EU and regain UK sovereignty? What will be the decision that Britons make after years of bitter talk?

BRITONS HAVE SPOKEN - United Kingdom Withdraws From the EU

Mirrored after GREXIT, it is known as BREXIT (British Exit), and the stakes were high. While the votes were constantly updated, most of it leaned towards leaving the EU. Below is the final result of this referendum - BRITAIN IS LEAVING THE EUROPEAN UNION AFTER 43 YEARS, with a 51.9% of voters polled 'YES' for the withdrawal. United Kingdom is the FIRST country to leave the EU bloc.

Widely discussed and warned by governments, capital analysts and investors across the globe, the referendum if passed, will affect global financial markets and roil the currency, commodity and capital markets, and many other sectors such as import/export, property, automotive, medical and travel. It was said that if Brexit happens, the British economy may shrink by between 3.8 and 7.5 percent by 2030 — depending on how well subsequent negotiations for access to the European market ultimately went.

View of Canary Wharf from the area where I lived in London(Lived near South Quay DLR, 5 minutes' walk to London's CBD)

Stirling Pound Plummeted To a 30-year Low

Since the start of the campaign in February this year, the pound has been fluctuating vigorously (Yes, I have been tracking this as I have vested interests in the Stirling Pound). But even without the conclusion of the votes, the visceral effect of the Stirling Pound have was observed as the British currency have plummeted to a 30-year low against the US Dollars. Many have been holding on their cash to buy on the dip. Where in UK itself, the Britons were scrambling to exchange their pounds to other currencies in view of the busy Summer vacation period of June to August.

Asia Markets In Red
While typing this article, I was concurrently watching the Bloomberg live telecast and discussion online. The telecast showed the global stock markets performance, and it was alarming to see the sea of red across the markets. In Asia markets, traders started their day in the wee hours of the morning as the most of the international markets were experiencing tumbling effects as the voting result kept updating, with panic sweeping across the financial markets.

To investors, gold seems to be the best bet in the long run. Gold prices surged to a two-year high. While pound being dumped rapidly, the glittering attractiveness of this commodity increased. This is, despite the fact that there is no real pattern to spot gold price changes following major shock events, as analysed in the Bloomberg chart as seen below.

David Cameron, UK's current Prime Minister pledged in January 2013 that a referendum to decide if UK remain or leave the EU will be implemented, should the Conservatives wins a parliamentary majority at the 2015 General Election. However, he stood firmly to what he said that he "will campaign with all his heart and soul for Britain to stay in the EU when the referendum comes", having held rallies over the last few weeks to get UK citizens to vote for the stay in EU. He laid his reputation on the line by doing so, hence analysts reported that it will be difficult for him to keep his job for a long term.

Updated: David Cameron announced of his resignation during his post-Brexit poll speech at 10 Downing Street. This is despite that nearly two-thirds of Brexit-backing Tory MPs sent a letter directly to David Cameron to remain in office regardless of the Referendum results. Cameron will step down as Prime Minister by end October 2016, after holding this post for six years. He leaves the invoking of the Article 50 and other agreements and negotiations to the new PM.

For Myself

UK has a special place in my heart. It was in Central London that I spent some of my happiest months of recent years at. Following this Brexit issue for quite some time, I respect what the majority Britons voted for, with the country of split views waking up this morning (24 June 2016) to the decision of the UK withdrawal from the EU. Amidst the current economic and political impacts from the voting results, let's see how UK makes the best out of this double-edged sword event. Nevertheless, I cannot wait to be back in UK - Pounds up or down, Part of EU or not.

*All efforts were done to ensure no individual views and opinions of my own was expressed in this article due to possible conflicting situations. This article is a consolidation of various views, analysis and market conditions that is/will/has been affected, as reported by online and televised news sources.